6872 Park Square Dr APT D, Avon, IN, 46123 | $228/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6872 Park Square Dr APT D, Avon, IN, 46123 | $228/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Avon at 6872 Park Square Dr APT D, Avon, IN, 46123 earns $228/mo cash flow from $1,812/mo rent with a $1,292/mo payment. Total monthly income totals $1,812/mo, and annual cash flow totals $2,730/yr on $87,483 capital. ROI tracks 23.03% on current figures, and rental yield reads 8.24% at a $263,900 purchase. Equity gained on principal adds $1,703/yr, and 5% annual appreciation supports $72,911 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $104,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,812/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Take advantage of this exceptional opportunity in Park Square! This two bedroom, two bath condo features a great room with a vaulted ceiling and plant shelf; a cozy home office/sunroom, updated kitchen with newer quartz countertop, white cabinets and backsplash (all kitchen appliances stay). Unusually large laundry room with utility sink and great storage. Kitchen also features a center island and a double kitchen pantry too! Kitchen has carpet, but there is ceramic tile flooring under the carpet. Handicap accessible doors throughout this home. Park Square condos is a sought after, quiet community conveniently located near shopping, churches and all the conveniences of Avon. Newer water heater, two car finished garage + a side patio. (Exclude light fixture above dining room table, washer, dryer and curtains).

Neighborhood Data

Neighborhood data shown for ZIP Code: 46123, Avon, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,638 (100%)
Owner Occupied HU	12,897 (77.5%)
Renter Occupied HU	3,116 (18.7%)
Vacant Housing Units	625 ( 3.8%)
Median Home Value	$326,962
Average Home Value	$336,322